Summary
UGA Chart
UGA: A Seasonal Long Put Spreads Could Be Interesting
The United States Gasoline Fund LP ETF trades above $100, reflecting seasonal gasoline price strength during the 2026 driving season. Gasoline futures and refining spreads remain elevated, but the forward curve signals significant price declines into the 2026/2027 offseason. UGA faces substantial downside risk post-driving season, with ETF grades highlighting high momentum but poor risk and expense metrics.
Gasoline ETF in Focus Ahead of Memorial Day Travel
Gasoline prices are projected to be among the lowest in recent decades for the holiday, putting UGA in focus.
UGA: The Gasoline ETF As The Driving Season Ends
Gasoline prices face volatility as the 2024 U.S. election approaches, with the United States Gasoline Fund, LP ETF offering a valuable trading tool. Seasonality and the weak Chinese economy may lead to lower gasoline prices, while OPEC+ control and Middle East tensions could spike prices. The UGA ETF tracks gasoline futures prices, showing potential for rallies and declines based on various factors impacting the oil market.
United States Gasoline Fund, LP Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 2,165 | $223,731.1 | $249,397.17 | $25,666.07 | 11.47% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 3,058 | $288,051.91 | $359,100.94 | $71,049.03 | 24.67% |
| SHF Second Half Financial Partners LLC Second Half Financial Partners LLC | 2,439 | $251,921.57 | $292,362.93 | $40,441.36 | 16.05% |
| WPA Wealth Preservation Advisors LLC Wealth Preservation Advisors LLC | 57 | $3,662 | $6,655.6 | $2,993.6 | 81.75% |
 Benjamin J. Jones National Wealth Management Group, LLC | 5,742 | $340,417.58 | $689,384.52 | $348,966.94 | 102.51% |
United States Gasoline Fund, LP (UGA) FAQ
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United States Gasoline Fund, LP Profile
| ARCA Exchange | US Country |
Overview
The company operates in the commodities investment sector, focusing specifically on the futures market for various petroleum-based fuels. By investing in a range of futures contracts such as gasoline, crude oil, diesel-heating oil, natural gas, and other petroleum-based fuels, the company aims to capitalize on fluctuations in the commodities market. It uses a strategic approach to select the Benchmark Futures Contract, primarily the near-month gasoline futures contract traded on the New York Mercantile Exchange. However, it shifts to the next month's contract when the near-month contract is close to expiration. This methodology helps in maintaining a consistent investment strategy that is responsive to market conditions.
Products and Services
- Futures Contracts for Gasoline:
- Futures Contracts for Crude Oil:
- Futures Contracts for Diesel-Heating Oil:
- Futures Contracts for Natural Gas:
- Other Petroleum-Based Fuels Futures Contracts:
The company invests in near-month futures contracts for gasoline, traded on the New York Mercantile Exchange. This investment is pivotal to its strategy, offering exposure to gasoline price movements.
Investments in futures contracts for crude oil play a significant role in the company's portfolio, allowing it to speculate on or hedge against future price changes in crude oil.
By investing in futures contracts for diesel-heating oil, the company diversifies its investment portfolio, tapping into the industrial and home heating market.
The company also participates in the natural gas futures market, which enables it to speculate on or hedge against fluctuations in natural gas prices.
Expanding beyond the core commodities, the company invests in futures contracts for other petroleum-based fuels, broadening its scope and potential for profitability in the energy sector.
